Medallion Fund Strategy, Returns, and Holdings: Top 5 Stock Picks

In this piece, we will take a look at Medallion’s Fund’s strategy, returns, and holdings along with the top five stocks. If you want to take a deeper look at the fund, its hedge fund, and history, then head on to Medallion Fund Strategy, Returns, and Holdings.

5. Airbnb, Inc. (NASDAQ:ABNB)

Renaissance Technologies Investment In Q1 2023: $753 million

Airbnb, Inc. (NASDAQ:ABNB) is a travel services company that provides lodging options to travelers who are not interested in staying at hotels. The firm’s shares have a small $10 upside, and Jim Simons’ Renaissance Technologies had owned 6 million shares that were worth $753 million as of March 2023.

During the same time period, 63 of the 943 hedge funds part of Insider Monkey’s database had bought and owned the firm’s shares. Airbnb, Inc. (NASDAQ:ABNB)’s second largest hedge fund investor in our database is John Overdeck and David Siegel’s Two Sigma Advisors with an investment of $269 million.